Harbor Beach, MI Divorce Buyout in Michigan
Since 1979 Somerset Investors Corp. Co. has been considered a leader in the residential mortgage lending business and is currently licensed in 26 states, including Michigan, offering its expertise in many of the circumstances that life brings to many homeowners. In most cases Somerset has been able to provide lower payments for the spouse remaining while giving large cash outs to the other. Our Divorce Buyout Loan Specialists work with you to determine how much of a loan you need and what it will cost to refinance.Following is an example of how Divorce Buyout works:
Example: John and Jane own a house valued at $500,000, with a mortgage (or mortgages) that total $300,000. If you subtract the value from the total loan about ($500,000 - $300,000) you get the equity of the house, in this case $200,000. If John and Jane split their assets 50-50, each have $100,000 equity in the house. Therefore, if John wishes to keep the house, he would need to refinance the mortgage(s) with a total loan amount of $400,000 and use the remaining $100,000 to buy out his spouse.
Return to divorce buyout in the state of MI
| Harbor Beach, Michigan News |
Harbor Beach man dies in fall from tree stand
A 33-year-old Harbor Beach man died Sunday after falling from his tree stand, according to Huron County Sheriff Kent D. Tibbits.
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A dredging project for the upper Saginaw River is on track to begin next week, officials say.
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BRIEFCASE
The Visiting Nurse Association's Home Health Division has been ranked in the top 25% in the nation.
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Three may face charges in beating of a Harbor Beach man over missing beer
Police have jailed three men they say brutally beat a man after their beer turned up missing.
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Marine City thrives with Shagena
After an impressive victory Oct. 3 at the Marysville Invitational, Marine City girls cross country Coach Randy Shagena was concerned about a long two-week layoff.
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Three runners capture honors
BROOKLYN -- St. Clair's Derrick LaParl, Brown City's Matt Proctor and Harbor Beach's Alexandria Wessels were the only area runners to earn all-state accolades at the cross country state finals at Michigan ...
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Michigan couple gets a dream wedding in Saginaw
St. John's Episcopal Church is prepared for a wedding on Friday afternoon. St. John Episcopal Church in Saginaw will find itself on the airwaves next year as part of a reality wedding show.
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Duck Hunters Plucked From Saginaw Bay
The Coast Guard received a call from the Huron County Emergency Operations Center at 7:10 a.m. Tuesday of a possible capsized 18 foot monarch boat with two persons in the water north of Sebewaing.
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Prep soccer: Pirates rout Caseville
SEBEWAING -- Harbor Beach started slow Thursday night in their Division 4 district soccer semifinal match but finished with a surge.
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Cardinal Mooney, Richmond eliminated in soccer finals
The Marine City Cardinal Mooney and Richmond boys soccer teams had trouble generating offense Friday in district championship matches.
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Fishing report: Cooler temps, rain increase salmon, steelhead
Cooler temperatures along with rain should increase salmon and steelhead movement, the Michigan Department of Resources said Wednesday in its weekly fishing report.
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Soccer roundup: Huskies clip Saints; New Life blanks foe
Leon Boyd-Cleaver, Macauley Hill and Carson Nowakowski each scored Thursday to lead Port Huron Northern past St.
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Devils stay perfect in league with sweep
Water Area with their dominant start - including its coach. Brown City stayed perfect in the Greater Thumb Conference East Division with a 25-15, 25-9, 25-13 home victory against Harbor Beach on Tuesday.
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Death Notices
RICHMOND -- Arthur C. Raepsaet, 73, died September 25, 2008. Survived by his wife, Dorothy.
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Soccer roundup: Sly's four goals power New Life, 6-1
KIMBALL -- Robert Sly scored four goals Thursday to lead New Life Christian Academy to a 6-1 win against Capac.
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Volmering looking to hook up with professional team
At Saginaw Valley State University, Harbor Beach product Derek Volmering was one of the best linebackers in the Great Lakes Intercollegiate Athletic Conference.
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Harbor Beach shooting leaves couple dead
Investigators are not saying who opened fire on whom in a double shooting that left a Harbor Beach couple dead.
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Huron Co. shooting, one dead
Sunday, September 21, 2008 at 7:03 p.m. It happened around 11:53 p.m. last night in Huron County.
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Walt Whitman poetry reading to last nearly eight hours
There will be a massive poetry reading of Walt Whitman's book, "Leaves of Grass" at 7:24 a.m. today next to the pond by the Charles V. Park Library.
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Death Notices
Joy Elizabeth Jones, infant Margaret E. Kinney, 83, Smiths Creek Joseph M. Kramer, 89, Harbor Beach Dorothy Sue Krause-Murray, 71, Port Huron Township Zachary Jeffrey-Lee London, 18, Port Huron Pamela M. ...
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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